It must the season for it. Two of Western Australia's most high profile businessmen - Graham Melrose and Franklin Tate - have this week sold down big stakes in the companies they took to the ASX and which subsequently ran into trouble.

It must the season for it. Two of Western Australia's most high profile businessmen - Graham Melrose and Franklin Tate - have this week sold down big stakes in the companies they took to the ASX and which subsequently ran into trouble.